Corporates are the movers and shakers within companies the high management who are responsible for most decision making, making contracts, clinching deals, collaborating with partners, attending industry meets, oversee projects and assignments, go on inspection or prospect hunting. These incessant activities keep many of the corporates on constant move from one meeting in one city to another, from on contract to another, from one assignment on East Coast to another on the West. At times seminars might extend over many days, and workshops can extend for weeks on end.
Corporate housing is a type of accommodation intended for the specific needs of these high spending but demanding individuals who have their peculiar needs. While the hotel suite is an available option for most, the corporate housing has many advantages of its own. A corporate housing which can be an individual condominium, a serviced apartment, a cottage or a bungalow is relatively large and spacious, with individual kitchens, multiple rooms, toilets and bathrooms. Thus, the business traveler can bring along his family, entertain guests, hold meetings and get the luxury of home away from home. The attached kitchen means one can cook ones food, without the need for dining outs which can be expensive.
Fully furnished housings provide all required amenities, including telephone, cable connection, and internet connection. Many of them come with their private housekeeping services. The main advantage of corporate housing is that it dispenses with the need for long term leases, as well as costly but cramped hotel stays. Housing within downtown can also cut down on frustrating daily commuting. Now becoming extremely popular within smaller cities and towns, as well as big cities, corporate housing gives all the facilities of a home away from home in its real sense.